The problems of KXL and others I should actually have forseen if I was smart enough. A friend of mine is a pretty top guy at SKYE resources(nickel business) and he told me last fall that they suddenly got difficulties finding finacing.
If you look at other big captial intensive projects such as Northern Dynasty and possibly also Galore Creek, I should have picked up on the problems and sold a few months ago. During the last 3 or so months, almost all exploration and even producing companies have been falling.
This indicates to me that what we are seeing with the banks must have fundamentally started some time ago, and it is just now that it has come out into the open.
The only thing we know about the future is that changes will take place, but waht we do not know.